Singapore Hospital Market is Expected to Reach SGD 9.5 Billion by 2022: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Ken Research in its latest study, “Singapore Hospital Market Outlook to 2022 – by Public, Private Hospital & Not-for-Profit Hospital, by Inpatient & Outpatient, by Acute, Community & Psychiatry Hospitals”, suggests that demand for hospital services in the market will continue to grow in Singapore owing to increased adoption of healthcare IT systems and rising investment by the public sector. The hospital market in Singapore witness reorganization of public healthcare system into three integrated clusters to better meet Singaporeans’ future healthcare need namely Central region (National Healthcare Group (NHG) and Alexandra Health System (AHS), Eastern region (Singapore Health Services (SingHealth) and Eastern Health Alliance (EHA), Western region (National University Health System (NUHS) and Jurong Health Services (JurongHealth)). The market growth rate declined during 2012-2016 due to slowdown in medical tourism due to rising competition from neighboring countries such as Malaysia, Indonesia and Thailand. The hospitals market is dominated by public hospitals with major hospitals being Singapore General Hospital, Changi general Hospital, Khoo Teck Puat Hospital, and Tan Tock Seng Hospital. Singapore hospitals market will be driven by organic expansion of both public and private hospitals and increased government initiatives in the healthcare sector to provide better care to the geriatric population. For instance, Tan Tock Seng Hospital will open new 300 bed infectious disease hospital by 2018 which will act as a containment facility in the event of an outbreak similar to the severe acute respiratory syndrome (SARS). Further, the government has revealed expansion plans for Singapore General Hospital which includes opening of Outram Community Hospital by 2020, National Cancer Centre Singapore (NCCS) by 2040, expansion of SGH Accident & Emergency (A&E) Block. The market will witness rise in healthcare inflation. Elderly healthcare costs in Singapore are projected to rise tenfold over the next 15 years to more than SDG 66 billion annually. Further, rising competition in the industry may lead major players to undertake mergers and acquisitions which could drive the industry towards consolidation. Further, there will be more transparency in terms of pricing as MOH plans to introduce benchmarks for fees charged by doctors from 2018 which will majorly benefit foreign patients to make more informed decision. Rising focus on high revenue intensity streams which includes secondary care, tertiary care and quaternary care and comprehensive health screening programs to increase contribution from outpatients coupled with elevating prevalence of chronic and lifestyle diseases will propel Singapore hospital market revenue in future. Hospitals Covered: Singapore General Hospital KK Women’s and Children Hospital Bright Vision Hospital Changi General Hospital Raffles Medical Group Tan Tock Seng Hospital Institute of Mental Health Yishun Community Hospital Khoo Teck Puat Hospital IHH healthcare Berhad For more information on the research report, refer to below link: https://www.kenresearch.com/healthcare/general-healthcare/singapore-hospital-market/149669-91.html Related Reports by Ken Research: https://www.kenresearch.com/healthcare/general-healthcare/saudi-arabia-healthcare-market-research-report/1106-91.html https://www.kenresearch.com/healthcare/general-healthcare/uae-healthcare-market-report/37505-91.html https://www.kenresearch.com/healthcare/general-healthcare/qatar-healthcare-market-report/99730-91.html Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Post Views: 1 Tags: Acute Hospitals in Singapore, Community Hospitals Singapore, Hospital Market Future Trends Singapore, Hospital Market Singapore, Hospitalization Cost Singapore, Inpatient Profile Singapore, Major Hospital Projects Singapore, Major Hospitals in Singapore, Major Upcoming Hospital Projects Singapore, Number of Hospital Beds Singapore, Number of Hospitals Singapore, Number of Private Hospitals Singapore, Number of Public Hospitals Singapore, Occupied Hospital Bed in Singapore, Psychiatric Hospitals Singapore, Public Healthcare System Singapore, Revenue Inpatient Singapore, Revenue Outpatient Singapore, Singapore General Hospital Profile, Singapore Hospital Growth, Singapore Hospital Revenue Streams, Singapore Medical Tourism Market, Super Specialty Hospital Market Singapore, Trends in Singapore Hospitals Industry